Intelligent Group Limited (NASDAQ:INTJ) Short Interest Update

Intelligent Group Limited (NASDAQ:INTJ) was the recipient of a large growth in short interest during the month of July. As of July 15th, there was short interest totaling 14,958 shares, a growth of 867.5% from the June 30th total of 1,546 shares. Approximately 1.0% of the company’s stock are short sold. Based on an average daily volume of 59,925 shares, the days-to-cover ratio is currently 0.2 days.

Intelligent Group Stock Up 1.1%

Shares of INTJ opened at $3.19 on Friday. The stock has a 50 day moving average price of $5.51 and a 200 day moving average price of $7.40. Intelligent Group has a one year low of $3.01 and a one year high of $26.00. The company has a current ratio of 27.30, a quick ratio of 27.30 and a debt-to-equity ratio of 0.02.

Analysts Set New Price Targets

Separately, Weiss Ratings reiterated a “sell (e+)” rating on shares of Intelligent Group in a report on Monday, July 6th. One research analyst has rated the stock with a Sell rating, According to data from MarketBeat, the company currently has an average rating of “Sell”.

Institutional Trading of Intelligent Group

A hedge fund recently bought a new stake in Intelligent Group stock. Citadel Advisors LLC purchased a new position in shares of Intelligent Group Limited (NASDAQ:INTJ) in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund purchased 57,887 shares of the company’s stock, valued at approximately $29,000. Citadel Advisors LLC owned approximately 0.44% of Intelligent Group as of its most recent SEC filing.

Intelligent Group Company Profile

Intelligent Group Limited, through its subsidiaries, provides financial public relations services in the Hong Kong. The company offers financial PR services, such as creating multi-stakeholder communications programs, arranging press conferences and interviews, participating in the preparation of news releases and shareholders' meetings, monitoring news publications, identifying shareholders, targeting potential investors, organizing corporate events, and implementing crisis management policies and procedures.